Atco Properties & Management announced the successful completion of three leasing transactions totaling 6,087 square feet at 381 Park Avenue South in Midtown South.
Continental Realty Corporation, a full-service commercial real estate and investment company, signed a new, 1,191-square-foot office lease on the ninth floor of the building. Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers represented building ownership in the transaction while Jacob Wolkenfeld of Norman Bobrow & Co. represented Continental Realty Corporation.
Atco has also secured a lease renewal with Maria B. Campbell Associates Inc. for 2,957 square feet on the 13th floor. Founded in 1987, Maria B. Campbell Associates Inc. is a literary scouting company that advises clients on book translation, publication and adaptation into television and film. Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti of Colliers represented building ownership in the transaction and Hannah Gerard of CBRE represented Maria B. Campbell Associates.
Industrial Development Funding LLC is expanding and relocating its presence at the building by signing a new lease for 1,939 square feet. The investment advisory firm is relocating from the 11th to the seventh floor and adding 660 square feet. Kate Hemmerdinger Goodman handled the leasing negotiations with Industrial Development Funding in-house. Asking rent on all three transactions was $62.
In addition, Eton Inc., a full-service menswear company, signed a 5,000-square-foot lease at the building. French skincare company Caudalie said that it was establishing a 14,000-square-foot U.S. headquarters at the property.
381 Park Avenue South was built in the early 1900s. Boasting 17 floors totaling 228,000 square feet, the boutique property sits just steps from Madison Square Park and several subway lines. Other prominent office tenants in the building include FGS Design LLC, Two Sticks Inc., Evos, ListenFirst Media and the Stephen B. Jacobs Group. Sarabeth’s Kitchen is located at the base of 381 Park Avenue South.
